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A criticism of this "model" is that building a ridesharing app and cloud backend is now not that hard. So some developers with VC money can develop an app, lau
by stevietopsiders 7y ago
A criticism of this "model" is that building a ridesharing app and cloud backend is now not that hard.
So some developers with VC money can develop an app, launch in a city, and force Uber to cut prices, because people will be happy to install a FastRyde app and get rides for $3 less than Lyft/Uber.
- bloemy 7y agoAnd that is exactly what is happening in Paris, for instance. There are a ton of different apps there. Kapten is one of them. They simply cut their commission by 15% compared to Uber, pay the drivers 7.5% more and make the rides 7.5% cheaper, basically. Since they don't have as much legal costs and marketing costs as Uber, it seems to work out for now. I really don't see how Uber will be able to prevent this in other places too...